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Abraham Michelson
About | Practice Areas
The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
Bankruptcy, Chapter 7, Chapter 13
Chicago Bankruptcy Lawyer

When your finances are at stake, choose the best. Don't sink deeper in debt. Contact The Michelson Law Office

800-824-6431
1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
  Our legal team can advise you on your options for negotiating a solution.
3. Practice AreasServices
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Daniel C. Arndt

Accident & Injury, Real Estate, Estate, Workers' Compensation

Status: In Good Standing Licensed: 39 Years

CONTACT

101 W Oak St, Sparta, WI 54656

David Shudlick

Real Estate, Wills & Probate, Trusts, Criminal

Status: In Good Standing Licensed: 46 Years

CONTACT

1501 Kilbourn, Tomah, WI 54660

James C. Ritland

Personal Injury, Accident & Injury, Car Accident, Estate, Mass Torts

Status: In Good Standing Licensed: 46 Years

FREE CONSULTATION

CONTACT

320 Main Street, Black River Falls, WI 54615

Michael Joseph Ball

Military, Administrative Law, International Other, Wills

Status: In Good Standing Licensed: 10 Years

CONTACT

1644 S 11Th Ave, Sparta, WI 54656

Nikki C. Swayne

Commercial Real Estate, Wills, Elder Law

Status: In Good Standing Licensed: 15 Years

CONTACT

111 W Oak St, Sparta, WI 54656

Robert J. Mubarak

Real Estate, Estate, Divorce & Family Law, Accident & Injury

Status: In Good Standing Licensed: 51 Years

CONTACT

917 Superior Ave, Tomah, WI 54660

William E. Maas

Wills & Probate

Status: Inactive Licensed: 32 Years

CONTACT

770 Lewis St, West Salem, WI 54669

Zelotes S. Rice

Wills & Probate, Labor Law, Commercial Real Estate

Status: Inactive Licensed: 75 Years

CONTACT

Sparta, WI 54656

800-923-0641

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LEGAL TERMS

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

Cataract Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Daniel C. Arndt

David Shudlick

James C. Ritland

Michael Joseph Ball

Nikki C. Swayne

Robert J. Mubarak

William E. Maas

Zelotes S. Rice

TIPS

LEGAL TERMS

GENERATION-SKIPPING TRANSFER TAX

REMAINDERMAN

LAPSE

TESTAMENTARY TRUST

WILL

INVENTORY

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

GRANT DEED

MARITAL LIFE ESTATE TRUST

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